Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
MultiPlan Corporation Class A (NYSE:MPLN)
Sidelines Mode (-55) - MPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for MPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MPLN
The long-term trend has been DOWN since Aug 16th, 2022 at 4.0050
The intermediate-term trend has been DOWN since Feb 10th, 2023 at 1.0800
The short-term trend has been UP since Mar 27th, 2023 at 1.0975
Smart Scan Analysis for MPLN
Based on our trend formula, MPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.19||52wk High Date||2022-06-27|
|52wk Low||0.8677||52wk Low Date||2023-02-23|
|Average Volume||2,433,973||Shares Outstanding||666,673|